Halliburton: steep drop, but not a confirmation — the double bottom demands caution

Halliburton receives a fresh sell signal: 11th out of 119 US stock sell signals in our ranking. This week's drop was one of the steepest in the category, but that's precisely why caution is warranted — the daily chart shows a double bottom in the 38 area with a 12% intermediate rebound, and the quality band flags trading as not recommended. The confirmation week is still in progress.